BMN bannerman energy ltd

I cant see Bannerman ( basicaly us...the shareholders ) buying...

  1. 8,940 Posts.
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    I cant see Bannerman ( basicaly us...the shareholders ) buying out the 20% stake.

    I think they will unload it to a bigger company like your Areva or someone similar. I do agree though, that if the partners of the 20% are holding out for more than what it was worth during the u bubble...it might not happen.

    Of course as Tibbs points out, we would all love it IF that did happen because the sp would respond accordingly.

    Ive resigned to the fact that I dont think much will happen until..

    a) that dam mining licence is approved! which is taking forever.
    b) the revised ESIA submition is approved
    c) BFS

    Is it Widerange + the shares that CJ own total 20%??

    Because Widerange only hold 6.49%

    20% of the exisiting shares on issue ( 234,435,934 ) if the comapany offered tham say...$2/share..that's $93Mil it would cost us! ( If my maths is correct )

    Sounds expensive even at $2.
 
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(20min delay)
Last
$3.35
Change
0.020(0.60%)
Mkt cap ! $599.1M
Open High Low Value Volume
$3.34 $3.42 $3.31 $3.519M 1.046M

Buyers (Bids)

No. Vol. Price($)
1 3126 $3.32
 

Sellers (Offers)

Price($) Vol. No.
$3.37 85 1
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Last trade - 16.10pm 01/07/2025 (20 minute delay) ?
BMN (ASX) Chart
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